Company on the Move: Emerging Payments Association Adds Member, Calls for Women in PayTech Advisory Board
Bacs Payment Schemes Ltd., the organization behind direct debit and Bacs direct credit in the U.K., as well as the current account switch service, has become the latest member of the Emerging Payments Association (EPA). The EPA is a community for progressive payments companies with the mission to establish the U.K. as a global hotspot for payments innovation by raising the profile of the industry, helping members grow their business and addressing the barriers that stifle innovation. The EPA is led by an independent advisory board and has the support Visa, Mastercard, The Bancorp, Just Loans Group and SVS.
EPS also is calling for nominations to join its new female-focused advisory board, following a survey conducted at the U.K.’s first Women in PayTech event earlier this month. Respondents from across the payments chain revealed 90 percent of attendees are in favor of a dedicated female advisory board. Participants indicated that the intended purpose of this board would be to represent the interests of women across the industry through lobbying and events, along with influential industry meetings to help shape the future of payments. The EPA survey also showed that 100 percent of participants felt that there was a lack of available mentors to women in the PayTech industry.
Candidates for the new advisory board may be nominated on the EPA Website. Finalists will be announced on Aug. 15.
